Requiring hedge funds to disclose their finances would help dispel some of the fear surrounding credit derivatives by making the contracts more transparent, says Lord Abbett & Co.

CONCERN ABOUT CREDIT DERIVATIVES has grown geometrically, in tandem no doubt with the growth of the market. Now with the equivalent of $8.4 trillion in credit derivatives outstanding, even Federal Reserve Board Chairman Alan Greenspan has issued his own, very official warning about the dangers surrounding this huge and largely unregulated market. With...